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    2091 New Market Rd Henrico, VA

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    For Sale
    Contact for pricing

    Zoned B-3 land with development potential at signalized intersection.

    Lot size:
    4.05 Acres

    Property Features for 2091 New Market Rd

    General Information

    Lot size
    4.05 Acres

    Source: Taylor Long Properties Agent Robert Marshall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This commercially zoned land offers a development opportunity at the signalized intersection of New Market Road and Varina Road. The property is located on Route 5 (New Market Road), a scenic route connecting Richmond and Jamestown/Williamsburg, attracting visitors to National Civil War Battlefields, Colonial plantations, and Bed and Breakfasts. It is also situated on the capital bike trail, which sees 1.2 million visitors annually and generated $8.9 million in economic activity in the fiscal year 2018-19. The property is 2.5 miles from the James River, which attracts 2 million visitors per year. Richmond’s Rocket’s Landing community is 4 miles away.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Building Supply Hotel & Motel HVAC Service Garden Center Veterinary Clinic Bed & Breakfast Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.6421577
    Latitude
    37.59161

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    FAQs

    What type of property is this?
    Land - Zoned B-3 land with development potential at signalized intersection.
    Where is this land located?
    The property is located at 2091 New Market Rd Henrico, VA.
    What are key features of this property?
    This property features: - Zoned B-3: **Excellent development opportunity.**; - Signalized intersection of New Market Road and Varina Road.; - Located on the Capital Bike Trail: **1.2 million visitors annually.**
    (804) 437-4323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2091 New Market Rd Henrico, VA
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